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Tuesday, September 16, 2025
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Cheaper, Faster… Riskier: Over Half Of Brits Plan To Use ChatGPT For Completing Their Tax Returns WorkFusion Raises $45 Million in Funding to Fuel Growth for Agentic AI for Financial Crime Compliance AI-Powered E-commerce, Stablecoins and Local APMs: Emerging Trends Headline EBANX’s Payments Summit in Mexico Second Day of Money20/20 Middle East Unveils Next-Gen Solutions at the Region’s Largest Ever Fintech Gathering United Gulf Financial Services Joins The Hashgraph Association and Exponential Science Foundation Adding $1M to Hedera Africa Hackathon Pool Prize Payhawk Transforms Spending Experience for Businesses With Four Enterprise-Ready AI Agents Alipay+ to Launch in Saudi Arabia, Facilitating Cross-Border Mobile Payments for Local Merchants Saudi Central Bank Launches Google Pay Service Through Mada Network Tamara Secures New Asset-Backed Facility of Up to $2.4 Billion Starling Reveals New-Look Logo, App and Cards as Bank Launches Brand Mission to Help Britons Become ‘Good With Money’ barq Joins Forces With Thunes to Power Faster, World-Class Remittances Across Saudi Arabia Paymentology Expands Presence in Saudi Arabia to Support Vision 2030 and Next-Generation Payments JPMorganChase and Plaid Announce an Extension to their Data Access Agreement for Sharing of Consumer Permissioned Data Enhancements to Ecommpay Subscriptions Service Help Address Failed Recurring Payments HSBC Deploys Wealth Intelligence for Its Wealth Management Staff to Enhance Client Experience

Facebook joins FIDO Alliance board of directors

The FIDO Alliance announced today that Facebook has been appointed to its Board of Directors. With this appointment, Facebook joins other leading global technology, financial services and e-commerce board members in driving the Alliance’s strategic vision to reduce the world’s reliance on passwords with stronger, simpler authentication.

The FIDO Alliance develops specifications for interoperable strong authentication with compliant mobile and web applications and PC platforms. Through its use of on-device public key cryptography and convenient authenticators such as security keys and biometrics, FIDO Authentication is more secure, private and easy to use than passwords and other forms of strong authentication.

Weak passwords continue to cause unnecessary problems that could be avoided if strong authentication options were more widely deployed and used. We are proud to join the FIDO Alliance Board and help them in their goal to make simple, strong authentication more broadly available through web browsers and on mobile and PC platforms,” said Brad Hill, Facebook software engineer.

While new to the Board, Facebook has played an active role in supporting the adoption of FIDO Authentication since January 2017 when they made it possible for any of their 2 billion daily users to use a FIDO-supported security key to log in.

In addition to Facebook, many top service providers, such as Aetna, Google, PayPal, Samsung, NTT DOCOMO, Dropbox and Github, have made FIDO Authentication available to their broad user bases. Just last month, Google, Microsoft and Mozilla also committed to supporting the recently announced WebAuthn standard in their flagship browsers, making FIDO Authentication available to users across the web.

We are pleased to welcome Facebook as the newest member of our Board of Directors,” said Brett McDowell, executive director of the FIDO Alliance. “As one of the most used web and mobile services in the world, Facebook will help the FIDO Alliance take another step closer in achieving its mission of enabling truly innovative authentication experiences that delight users, while also solving the security problems that plague passwords and one-time-passcodes today.

Learn more about FIDO Authentication by visiting https://fidoalliance.org/about/what-is-fido/.

  1. Cheaper, Faster… Riskier: Over Half Of Brits Plan To Use ChatGPT For Completing Their Tax Returns Read more
  2. WorkFusion Raises $45 Million in Funding to Fuel Growth for Agentic AI for Financial Crime Compliance Read more
  3. AI-Powered E-commerce, Stablecoins and Local APMs: Emerging Trends Headline EBANX’s Payments Summit in Mexico Read more
  4. Second Day of Money20/20 Middle East Unveils Next-Gen Solutions at the Region’s Largest Ever Fintech Gathering Read more
  5. United Gulf Financial Services Joins The Hashgraph Association and Exponential Science Foundation Adding $1M to Hedera Africa Hackathon Pool Prize Read more
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